header-logo header-logo

Limitation

20 November 2008
Issue: 7346 / Categories: Case law , Law digest
printer mail-detail

Pegasus Management Holdings S.C.A v Ernst & Young (a firm) [2008] EWHC 2720 (Ch); [2008] All ER (D) 101 (Nov)

Typically, a claim for professional negligence will arise both in contract and tort. The contractual duty and the tortious duty are largely the same (to carry out the professional’s instructions with reasonable skill and care).

The damage for which the professional is liable is the damage attributable to a failure to exercise reasonable skill and care. In a case in which the purpose of engaging the professional is to secure some right or benefit for the client in connection with a contemplated transaction, and because of a failure to exercise reasonable skill and care the client does not secure that right or benefit, the client sustains damage when the transaction takes place.

Issue: 7346 / Categories: Case law , Law digest
printer mail-details

MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
back-to-top-scroll